RAK Properties has invited pre-qualification bids from companies for fit-out and furniture, fixtures and equipment works at a five-star luxury resort.
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Developer, RAK Properties, reported a 10% surge in its 2017 net profits, to AED192mn as compared to AED175mn the previous year.
Ras Al Khaimah-based RAK Properties has announced the results for the first six months of 2017, with revenues exceeding AED211mn.
RAK Properties delivered 157 luxury residential units at Bermuda Villas, its latest residential development in Mina Al Arab in Ras Al Khaimah.
RAK Properties has reported net profits of AED175m during 2016, as against AED160m in the previous year, marking a 9.3% increase.